What does the Interbank Deposit Certificate Index Fund mean?
Interbank deposit index funds refer to funds that invest in interbank deposit certificates, which are book-entry time deposit certificates issued by banking deposit financial institutions in the national interbank market. Generally speaking, there is little risk and good liquidity.
Interbank deposit receipt index fund has the advantages of clear investment target, short portfolio duration, controllable credit risk and good liquidity. It can be used as an effective supplement to cash management products and is a low-risk financial management tool with low volatility and high liquidity for investors.
Is the yield of interbank deposit receipt index fund higher than that of money fund?
Relevant data show that in the fourth week of August, the interest rates of interbank deposit certificates of various maturities were: 1 month respectively. Take the money fund as an example: the lowest income of Alipay money fund is the 7-day annualized rate of Xinwotongbao money fund A, and the highest is laterite innovation Youchun money fund A, which shows that its income is not much different from that of the money fund, but it is from a big perspective. After buying a fund, the daily increase of the fund will change, which does not necessarily mean that the yield of a certain fund will be high, but also from the past performance of the fund itself, fund manager and fund scale.